All Forum Posts by: Craig Dieterich

hey Jason, Benn away from BP for a bit, but am serious about buying a STR in a poppin area that I can use myself as a getaway. Looking for fully furnished, turnkey. Preapproved up to $500k. How is Memphis for vacation rentals?

I hear ya. seems like everywhere decent is getting multiple offers and going for above asking. 

aren't property taxes in NY insane?

I bought my first property last year but realize it was sort of a mistake. It was $35k fully rehabbed, but in an area that will never appreciate much. It does rent for $900/mo though so its a decent little cashflow property.

However, for my second property, I want to focus more on appreciation rather than cashflow. Where are the areas you can still buy a SFH in the $150k-$200k range that shows promise for appreciation?

waterproof LVT. hard to damage and you can replace sections instead of having to replace the entire floor

@Timothy Lewis. That was a great list. Thanks!!

trying to get an idea of good areas vs bad areas of memphis to invest in duplexes. Anyone have a marked up map of the area?

Thank you guys for your feedback!

Looking at a rental property just north of Tallahassee Florida and would like some recommendations for property managers in that area. I tried the networking section of BiggerPockets, but it didn't help much. Thanks in advance!

 Hey Ryan, I put low expenditures for repairs because the property has been fully rehabbed (new roof, hvac, windows, floors, etc)

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This seems like a good deal. Not huge cashflow, but the idea is to get it paid off in 5 or 6 years, then the entire rent would be cashflow minus property taxes/insurance/ etc.

Could I be missing something?